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Letzte Aktualisierung: August 23, 2022

The minister, the tycoon and the 'Big Fund'

Beijing has long been aware of the vulnerability of its chip industry. The USA, South Korea and Taiwan are clearly superior. China is making massive investments to catch up and, in the best case, become fully independent. But a corruption scandal is now shaking the industry. At the heart of it is the China Integrated Circuit Industry Investment Fund.
The primary source of financing for the development of the Chinese chip industry stands at the heart of a corruption scandal. The scandal involves not only the administration and the board of directors, but also figures from industry and politics.
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